Trader Tony

Trading isn’t farming, nobody needs a cow to do the “work”. The work is done in the mind.

Bought SPY Calls

January 26th, 2009 by Trader Tony Leave a reply »

Bought [[SPY]] 89 Calls@Feb09 for the average price 1.49.

Looking to unload when SPX reaches 855-860 level. It is forming a nice flag btw, so expect more upside action. The only thing I don’t like is the low volume.

Posted in Trade update

Tags: buying calls low volume spy calls

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- Trader Tony is a continuation of a project I started ~2 years ago with the idea of developing my trading skills and help others to do the same. I will be sharing my thoughts on different aspects of trading, such as short term price movements, options trading, indicators, Wyckoff Schematics and many more. Enjoy the Trader Tony blog and comment.

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